iShares Short Treasury Bond ETF $SHV Shares Sold by Professional Advisory Services Inc.

Professional Advisory Services Inc. lessened its position in shares of iShares Short Treasury Bond ETF (NASDAQ:SHV) by 41.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 15,580 shares of the company’s stock after selling 11,000 shares during the quarter. Professional Advisory Services Inc.’s holdings in iShares Short Treasury Bond ETF were worth $1,716,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Spinnaker Investment Group LLC boosted its position in iShares Short Treasury Bond ETF by 1.3% in the fourth quarter. Spinnaker Investment Group LLC now owns 8,960 shares of the company’s stock valued at $987,000 after buying an additional 113 shares during the last quarter. DAVENPORT & Co LLC increased its holdings in iShares Short Treasury Bond ETF by 3.4% in the 4th quarter. DAVENPORT & Co LLC now owns 60,603 shares of the company’s stock worth $6,675,000 after buying an additional 2,004 shares during the period. Founders Grove Wealth Partners LLC raised its position in iShares Short Treasury Bond ETF by 35.8% during the 4th quarter. Founders Grove Wealth Partners LLC now owns 10,810 shares of the company’s stock worth $1,191,000 after buying an additional 2,847 shares during the last quarter. Perennial Advisors LLC raised its position in iShares Short Treasury Bond ETF by 18.7% during the 4th quarter. Perennial Advisors LLC now owns 14,431 shares of the company’s stock worth $1,590,000 after buying an additional 2,273 shares during the last quarter. Finally, Salem Investment Counselors Inc. boosted its holdings in shares of iShares Short Treasury Bond ETF by 5.7% in the 4th quarter. Salem Investment Counselors Inc. now owns 3,250 shares of the company’s stock valued at $358,000 after acquiring an additional 175 shares during the last quarter. 7.10% of the stock is owned by institutional investors and hedge funds.

iShares Short Treasury Bond ETF Trading Up 0.0%

NASDAQ:SHV opened at $110.31 on Wednesday. The company’s fifty day moving average price is $110.26 and its 200-day moving average price is $110.27. iShares Short Treasury Bond ETF has a 1-year low of $110.02 and a 1-year high of $110.50.

iShares Short Treasury Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, February 5th. Shareholders of record on Monday, February 2nd were issued a $0.342 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Monday, February 2nd.

iShares Short Treasury Bond ETF Profile

iShares Short Treasury Bond ETF (the Fund), formerly iShares Barclays Short Treasury Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond to the price and yield performance of the Barclays Capital U.S. Short Treasury Bond Index (the Index). The Index measures the performance of public obligations of the United States Treasury that have a remaining maturity of between 1 and 12 months. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.